• Korean Journal of Agricultural Science
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• v.47 no.2
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• pp.291-303
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• 2020

This various factors that affect beef consumption behavior between different types of beef such as Hanwoo, Australian, American, and domestic Yukwoo. Previous studies usually used almost ideal demand system (AIDS) model to show the degree of substitution between meats especially domestic and foreign beef. This a real expenditure each individual and to explain what factors affect consumers especially focusing on various beef. Hence, previous studies used shares and prices as key variableshowever, this study use various socio-demographic variables, consumption tendency, satisfaction and importance for beef consumption, purchasing usage and part, etc. This study a seemingly unrelated regression (SUR) model to enhance efficiency of estimates because error terms of four beef consumption equations are correlated. For, an on-line survey was performed Aug. 5 - 14, and we obtained 979 effective samples. The results show that high income group (more than 700 mil. won per month) purchases more beef than other groups. The origin of orders is Hanwoo, Yukwoo, Australian beef, and American beef. A family who member purchases more Yukwoo than other groups. foreign affects beef consumption regardless of its origin. Individuals who think origin and taste prefer Hanwoo. However, individuals who think price prefer Australian beef.

• Journal of Korean Society of Rural Planning
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• v.24 no.3
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• pp.25-31
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• 2018

This study analyzed factors influencing cultivation area of two major apple cultivars, Fuji and Hongro, applying the panel SUR model to survey data from farms. Characteristics of farms, distribution factors, and weather factors were the independent variables of the model. The analysis indicated that characteristics of farms, distribution factors, and weather factors influence the cultivation area of Hongro and Fuji. The independent variables were also found to have different levels of influence on increase and decrease of the cultivated area. Helping predict changes in cultivation area of Hongro and Fuji, the research results can be used as primary data to support efforts to prevent price fluctuations due to changes in supply.

• The Korean Journal of Applied Statistics
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• v.29 no.4
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• pp.627-641
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• 2016

In this paper, we consider a seemingly unrelated regression (SUR) model and propose a nonparametric Bayesian approach to SUR with a Dirichlet process mixture of normals for modeling an unknown error distribution. Posterior distributions are derived based on the proposed model, and the posterior inference is performed via Markov chain Monte Carlo methods based on the collapsed Gibbs sampler of a Dirichlet process mixture model. We present a simulation study to assess the performance of the model. We also apply the model to precipitation data over South Korea.

• The Korean Journal of Financial Management
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• v.25 no.2
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• pp.1-31
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• 2008

Before the financial crisis in 1997, Korean bond markets had been those of corporate bonds with relatively high market yield. During the period, most of major institutional investors tend to utilize passive strategies such as buying and holding. After the crisis, however, they could not help choosing active bond management strategies because of lowed yield level and intensified competition among the financial institutions. This study is forced on the yield curve, which is the reflection of all information on the bond investment environments. The study also make analysis on the major economic and securities market factors and its structural relationship with the shape of the curve such as level, curvature and slope. For these purposes, an empirical model based on the Nelson-Siegel Model is estimated with the data during $1999{\sim}2006$. Out-of-sample forecasting is also made to test the usefulness of the estimated model. In addition, the dependent variables which are the estimates of level and slope are estimated on the macro variables and securities market variables. VAR and SUR models are used for the estimation. Estimation results show that level and slope of the yield curve are influenced by the target call rate change, exchange rate change rate, inflation rate. These results provide practical implications for the active managements in the overall treasury bond markets.

• Journal of Welding and Joining
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• v.26 no.6
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• pp.36-41
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• 2008

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.14 no.4
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• pp.62-72
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• 2015

Nowadays the issue of aging society has received considerable critical attention, especially in transportation planning and demand forecasting. This study identified the factors related to travel time budget for elderly by purpose using seemingly unrelated regression model (SUR model). The SUR model is suitable when error terms of each equation are assumed to be correlated across the equations in terms of travel time budget which is constant in 2 hours per day commonly. The results showed that elderly's travel time budget was affected by individual, household, urban facility and transportation service. The leisure travel comprised a large proportion of total travel time and had a positive relationship with elderly, sports, religious facilities. Moreover, the elderly who had low income or unemployed person had low frequency of social activity such as leisure, shopping and business. This study can provide a comprehensive implications of forecasting the future travel demand and analyzing the travel behavior.

• The Journal of the Korea Contents Association
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• v.14 no.11
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• pp.186-195
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• 2014

The purpose of this research is to explain what affects the volunteer center's performance on the basis on the program logic model. We assume that internal factors and external factors influence the organizational performance. For the empirical analysis, we use SUR(seemingly unrelated regression). The major findings of this research are as follows: Frist, organizational budget as internal factors are important influential factors. Second, civil society's capacity variable and stakeholder's support variable affect positively volunteer center's performance. Third, the contract out variable's effect as an operation types is not proven statistically. In case of estimating the multi organizational performance, lastly, the SUR method is prefer to the OLS method in the aspect methodology. However, more systemic study is complemented the panel data for organizational performance.

• Journal of Environmental Policy
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• v.9 no.4
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• pp.53-76
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• 2010

This paper attempts to estimate and compare environmental Kuznets curves (EKC) for$CO_2$ emissions of five regions constituting South Korea. For this, panel data of $CO_2$ emission for these regions are constucted for the period 1990 - 2007. Close inter-dependency among these five regions is considered by using a seemingly unrelated regression (SUR) model. In addition to real per-capita income, price index of energy sources and population dens ity are included as control variables. Results of estimates show the robust existence of EKC's in all these regions. EKC turning points of five regions range between 13.7 and 21.6 million Korean Won, showing a large variation. This difference among regions should be conisidered for the effective implementation of policies targeting the reduction of $CO_2$ emmission. In addition, the increase of energy price is found help reduce the $CO_2$ emmision while the rise of population density seems to lead to the increase of $CO_2$ emission.

• Journal of Technology Innovation
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• v.24 no.3
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• pp.81-105
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• 2016

The purpose of this study is to estimate the cost-saving effect of R&D investment in the ICT industry. As is well known, the R&D investment induces both the product innovation and the process innovation, in turn leads the effect of creating profit and cutting cost. However, it appears that studies concerned with the cost-saving effect of R&D investment have been unproductive, while most existing studies concentrate on the topic involved with the creating profit of R&D investment. Therefore, we extend the effect of R&D investment to a framework of the cost-saving focusing on the ICT industry. To empirically analyze the effect, we built a simultaneous three-equation model comprising a translog cost function and two cost share equations, and employed the SUR analysis. As a result, we found out that the cost-saving effect on the total cost is statistically significant. In addition, we examined relationships between the R&D investment and each cost of production elements. The results show that on the one hand, the R&D investment and the intermediate good cost have the substitution relationship. On the other hand, the complementary relationship is observed between the R&D investment and each labor or capital cost.

• Nuclear Engineering and Technology
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• v.43 no.4
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• pp.355-360
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• 2011

This paper is a study on a nuclear water chiller. It presents a test-verified finite element model of a water chiller to be used at a Nuclear Power Plant. The test-verified model predicts natural frequencies within 5% for all major modes below 50 Hz. This model accurately represents the dynamic characteristics of the actual hardware and is qualified for its use in the final stress analysis for seismic verification.